Baazar Style Retail IPO Details
The Baazar Style Retail IPO is a book build issue with a total issue size of ₹834.68 cr, comprising of fresh issue of 3804627 equity shares., and a offer for sale of 17652320 equity shares. Baazar Style Retail IPO opened for subscription on Aug 30, 2024 and closed on Sep 03, 2024. Baazar Style Retail IPO is set price band at ₹370 to ₹389 per share, with a lot size of 38 shares. Minimum investment for Retail investors was ₹14,782.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 04, 2024, and listed on both the NSE and BSE on Sep 06, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Axis Capital Limited, Intensive Fiscal Services Private Limited and JM Financial Limited are the Book Running Lead Manager for the issue.
Before investing in the Baazar Style Retail IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 370 – 389
- Lot Size
- 38
- Issue Size
- ₹834.68 Cr
- Minimum Investment
- ₹14782 (38 Shares)
- Listing Date
- 06 September 2024
Current GMP
₹65 (+16.71%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Baazar Style Retail Limited
Established on June 3, 2013, as Dwarkadas Mohanlal Private Limited, the company later changed its name to Baazar Style Retail Private Limited on November 21, 2013. It transitioned to Baazar Style Retail Limited on January 6, 2022, upon becoming a public limited company.
Bazaar Style Retail Limited is a prominent entity in the retail sector, specialising in a wide range of products catering to diverse consumer needs. Their offerings include an extensive selection of ready-made garments, textiles, and accessories, marketed under various brands to meet evolving fashion trends.
Operating from strategically located manufacturing facilities, Bazaar Style Retail Limited ensures seamless production and distribution. With a focus on quality and innovation, their manufacturing plants leverage modern technologies to maintain high standards across their product range.
In addition to direct sales channels, Bazaar Style Retail Limited collaborates with a network of distributors and retailers, ensuring the widespread availability of their products.
The company is also dedicated to environmental responsibility, with initiatives in place to minimise its ecological footprint. This commitment is underscored by their pursuit of certifications such as ISO 14001:2015, highlighting their proactive approach to sustainable business practices.
Peer Details
The following are the listed peers of Bazaar Style Retail Limited:
- V-Mart Retail Limited
- V2 Retail Limited
Baazar Style Retail IPO Promoters
The Promoters of the company are
- Pradeep Kumar Agarwal
- Rohit Kedia
- Shreyans Surana
- Bhagwan Prasad
- Rajendra Kumar Gupta
- Sabita Agarwal
- Rajendra Kumar Gupta (HUF)
- Sri Narsingh Infrastructure Private Limited
Promoters Holding
Holding Pre Issue
55.03%
Holding Post Issue
0.00%
Baazar Style Retail IPO Objective
The company plans to allocate the net proceeds from the issue for the following purposes:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company.
- To cover all costs associated with the listing of equity shares on the stock exchanges. These expenses include listing fees, legal fees, commissions, marketing costs, and other miscellaneous expenses, ensuring a smooth and successful listing process.
- General corporate purposes in adherence to Board-approved initiatives and regulatory guidelines. This allocation will boost business operations, support growth, and ensure optimal capital utilisation.
Address / Contact Info
Baazar Style Retail Limited
P S Srijan Tech Park, DN-52, 12th Floor,
Street Number 11, DN Block, Sector V, Salt Lake
North 24 Parganas, Kolkata, - 700091
Phone: +91 3361256125
Email: secretarial@stylebaazar.com
Website: https://stylebaazar.in
IPO Snapshot
Book Running Lead Managers
- Axis Capital Limited
- Intensive Fiscal Services Private Limited
- JM Financial Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Baazar Style Retail IPO is a Book-building IPO with a total issue size of ₹834.68 crore. The Baazar Style Retail IPO price band is ₹370 to 389 per share. The Baazar Style Retail IPO subscription opens on Fri, Aug 30, 2024, and closes on Tue, Sep 3, 2024. The Baazar Style Retail IPO will be listed on the NSE,BSE. MUFG Intime India Private Limited is the registrar for the Baazar Style Retail IPO.
The Baazar Style Retail IPO opens on Fri, Aug 30, 2024 and closes on Tue, Sep 3, 2024
Baazar Style Retail IPO Price Band is ₹370 to 389 per share.
Baazar Style Retail IPO lot size is 38 shares, Retail investors need a minimum investment of ₹14782 based on the upper price band
The minimum investment for Baazar Style Retail IPO is ₹14782, based on one lot of 38 shares at the upper price band of ₹389 per share.
Investors can apply for the Baazar Style Retail IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 3, 2024. The application amount remains blocked until the Baazar Style Retail IPO allotment is finalized.
Baazar Style Retail IPO issue size is ₹834.68 crores.
Baazar Style Retail IPO allotment date is Wed, Jul 1, 2026.
The registrar for Baazar Style Retail IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Baazar Style Retail IPO allotment status, refund processing, and other IPO-related information.
The Baazar Style Retail IPO GMP (Grey Market Premium) is ₹65 as of Tue, Sep 3, 2024. Based on the upper price band of ₹389 per share, the estimated Baazar Style Retail IPO listing price is ₹454, indicating a potential listing gain of approximately 0% over the issue price.